Mynaric Ag Adr Stock Performance
| MYNA Stock | USD 1.39 0.02 1.46% |
On a scale of 0 to 100, Mynaric AG holds a performance score of 9. The company secures a Beta (Market Risk) of -0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mynaric AG are expected to decrease at a much lower rate. During the bear market, Mynaric AG is likely to outperform the market. Please check Mynaric AG's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Mynaric AG's current price movements will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Mynaric AG ADR are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting basic indicators, Mynaric AG sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 10.2 M |
Mynaric |
Mynaric AG Relative Risk vs. Return Landscape
If you would invest 98.00 in Mynaric AG ADR on August 30, 2024 and sell it today you would earn a total of 41.00 from holding Mynaric AG ADR or generate 41.84% return on investment over 90 days. Mynaric AG ADR is currently generating 0.734% in daily expected returns and assumes 6.2835% risk (volatility on return distribution) over the 90 days horizon. In different words, 55% of stocks are less volatile than Mynaric, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mynaric AG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mynaric AG's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mynaric AG ADR, and traders can use it to determine the average amount a Mynaric AG's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1168
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MYNA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.28 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mynaric AG is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mynaric AG by adding it to a well-diversified portfolio.
Mynaric AG Fundamentals Growth
Mynaric Stock prices reflect investors' perceptions of the future prospects and financial health of Mynaric AG, and Mynaric AG fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mynaric Stock performance.
| Return On Equity | -2.34 | ||||
| Return On Asset | -0.46 | ||||
| Operating Margin | (49.87) % | ||||
| Current Valuation | 100.05 M | ||||
| Shares Outstanding | 25.27 M | ||||
| Price To Book | 2.29 X | ||||
| Price To Sales | 6.52 X | ||||
| Revenue | 5.39 M | ||||
| EBITDA | (71.08 M) | ||||
| Cash And Equivalents | 48.14 M | ||||
| Cash Per Share | 2.30 X | ||||
| Total Debt | 88.06 M | ||||
| Debt To Equity | 0.11 % | ||||
| Book Value Per Share | (7.91) X | ||||
| Cash Flow From Operations | (28.98 M) | ||||
| Earnings Per Share | (4.06) X | ||||
| Total Asset | 119.09 M | ||||
| Retained Earnings | (260.08 M) | ||||
About Mynaric AG Performance
By analyzing Mynaric AG's fundamental ratios, stakeholders can gain valuable insights into Mynaric AG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mynaric AG has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mynaric AG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company was incorporated in 2009 and is headquartered in Gilching, Germany. Mynaric Ag operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 248 people.Things to note about Mynaric AG ADR performance evaluation
Checking the ongoing alerts about Mynaric AG for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mynaric AG ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mynaric AG ADR is way too risky over 90 days horizon | |
| Mynaric AG ADR may become a speculative penny stock | |
| Mynaric AG ADR appears to be risky and price may revert if volatility continues | |
| Mynaric AG ADR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.39 M. Net Loss for the year was (93.53 M) with loss before overhead, payroll, taxes, and interest of (8.69 M). | |
| Mynaric AG ADR currently holds about 48.14 M in cash with (28.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Mynaric AG's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mynaric AG's stock is overvalued or undervalued compared to its peers.
- Examining Mynaric AG's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mynaric AG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mynaric AG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mynaric AG's stock. These opinions can provide insight into Mynaric AG's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mynaric Stock analysis
When running Mynaric AG's price analysis, check to measure Mynaric AG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |